Wall Street stocks were in the red early on Monday as market participants looked ahead to key inflation data due out later in the week. As of 1450 BST, the Dow Jones Industrial Average was down 0.33% at 39,367.84, while the S&P 500 lost 0.16% to 5,355.70 and the Nasdaq …
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London stocks were set for a steady open on Wednesday as investors mulled the latest UK inflation reading. The FTSE 100 was called to open flat at 8,191. Figures released earlier by the Office for National Statistics showed that annual consumer price inflation fell to 2% in May from 2.3% …
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Figures from Indeed, the recruiter, show advertised salaries are accelerating in the UK even as they slowed in the eurozone. Real wages have risen by more in 12 months than they did in the previous 16 years, according to the Resolution Foundation. Regular wages are 2.4pc higher than they were …
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Yet if it had so little impact, why did both Switzerland and Japan, which were subjected to the same external shocks but did not see anything like the same degree of money growth, have a less severe inflationary experience? In any case, the Bank of England’s latest Monetary Policy Report …
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The Bank of England (BoE) has raised interest rates by 25 basis points to 5.25 percent, the 14th consecutive rise since December 2021. The BoE’s announcement Thursday, spelling financial disaster for millions, is a class war measure. It takes interest rates to their highest level in 15 years and deepens …
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The planned cap on stamp prices is the latest blow to Royal Mail, which is trying to shift its focus to parcels as demand for letters continues to decline. Earlier this month, the Government blocked the company’s plans to axe Saturday letter deliveries. The move threatens to drive the price …
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Royal Mail and union leaders FINALLY reach agreement following 11-month bitter dispute over pay and employment conditions Royal Mail said it reached a negotiators’ agreement in principle with the CWU This follows nationwide strikes in 2022 from more than 110,000 postal staff By Ffion Haf Published: 16:09 EDT, 15 April …
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After several sweeteners, the company has made a “best and final” pay rise offer of 9pc over 18 months, a proposal that the CWU has predictably rejected, on the basis that it represents “a devastating blow” to the livelihood of its 115,000 members. In reality, it is nothing of the …
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WASHINGTON U.S. central bankers face an unenviable task when they gather in Washington this week: Tackling persistent inflation without adding to financial sector turmoil after Silicon Valley Bank’s rapid collapse. class=’cf’> The Federal Reserve has raised rates eight times since last year in the face of decades-high inflation as it …
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Royal Mail increase price of first class stamp by 15p to £1.10 in record-breaking hike Cost of first class stamp will rise from 95p to £1.10 on April 3 in record hike The cost of a second class stamp cost will increase from 68p to 75p, a hike of 7p …
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